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Search Results 0 to 36 of about 37 (some duplicates have been removed)
. has superstorm sandy changed your preference in presidential candidates? you have a couple of options. you can click yes, i was impressed by obama's leadership and response to the storm. you can choose yes, i i was compressed by romney's sensitivity to storm victims. you can say no, i've made up my mind about the candidates. we're going share your responses in the next hour. we're also going to bring you more on superstorm sandy, the mess this t has left behind. we want you to listen to how this 90-year-old new jersey resident describes it. >> 91 years i've never seen anything like this ever. >> can you describe what happened when the water came? >> we were sleeping, my daughter and i. all of a sudden the water came in like -- i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts.
that collapsed during superstorm sandy is still hanging precariously over one of the busiest cross streets in manhattan. we'll take you live to the scene next and the massive litigation that is sure to follow because this crane collapsed as it was sitting on the roof of this building even though we anticipated this storm. >>> later, millions are still without power as we speak across the east coast. damage estimates mounting in the billions of dollars. courtney reagan is tallying it up in few minutes. >>> and how will hurricane sandy affect the elections? we're back in a moment. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550
of superstorm sandy. the latest estimates coming out. ashley: the trading now but why not monday or tuesday? charlie gasparino working this story for us. we will be here soon to talk about it more. dollars fairing today how the currency is doing against the greenback. the yen and canadian dollar is down. we will be right back. >> 21 minutes past the hour your fox news minute. officials confirmed a florida bomb disposal team was sent to guantanamo navy base in cuba after hurricane sandy turned up what appeared to be a 500 pound bomb. the object which was discovered around and:00 a.m. tuesday was entered. the base posted an all clear notice on its face those page this morning. superstorm sandy claimed the life of an off-duty police officer monday night. nypd says 28-year-old died while assuring seven family members to safety as floodwaters surged into his staten island home. the officer was assigned to the department's first precinct. take a look at this incredible video. sandy shows off her strength as she ripped this tree out of the ground. this happened on the north shore of long island at
in washington with some words of encouragement in the aftermath of superstorm sandy. we welcome you to "closing bell." mari maria, how are you doing? >> i'm doing well. i'm coming to you live from rockefeller center in new york city. the market closed once again today. it is back to business tomorrow, though, with the new york stock exchange and the nasdaq announcing plans for normal trading hours tomorrow. >> i'm bill griffeth. the superstorm did put the brakes on wall street for those two days. the death toll, unfortunately, continues to rise. millions are still without power across several states and will be for several days. but tomorrow will mark a big step toward normalcy for america an its economy as the stock market gets set to open once again. the big question now is, what happens when that opening bell rings tomorrow morning after such a long hiatus and such a disastrous storm? >> really unprecedented. we have team coverage today. scott cohn with the latest on the flooding near wall street. courtney reagan is monitoring the power outages. jackie deangelis is in a new jersey town. we k
. five days after superstorm sandy, new york governor andrew cuomo said temporary fuel trucks will be deployed around the new york city area to alleviate the gas shortages. drivers will be able to fill up directly from the tankers. new yorkers can also get around the city a little easier now as well. >> 80% of the subway service has been restored. that is under literally, under one week, 80% of the subway service has been restored from what was horrendous damage. >> across the river in new jersey, there is gas rationing in 12 counties in an effort to cut don on wait times there. people have been waiting there in long lines for hours to gas up cars and get fuel for their generators. >> our jim clancy is in long beach, new jersey, which is on the jersey shore. it's very windy, and that cold front that is apparently going to move in this weekend, jim, give me an idea of what's happening there in terms of people trying to recover, pick up the pieces, move on, what? >> there's a major push going on long beach island today. they have brought in scores of heavy pieces of heavy equipm
of president obama in the immediate aftermath of superstorm sandy, he went on the attack. he ridiculed the idea for the secretary and he unleashed this ad. a spanish language tv ad that linked president obama to hugo chavez and the castro family. i think the romney campaign at this point, they're not really staying one way or the other whether or not the campaign has been damaged to some sentence by what happened with hurricane sandy but i think the, getting back on offense does reflect the fact that they feel like they'd better get this momentum back on their side. clearly it has been affected. >> and president obama has obviously been in full presidential mode. he took a break from campaigning but he's been very visible. he is getting good marks hoist handling of the storm, most notably from governor chris christie in new jersey. is there any sense how voters may be reacting? >> we don't know how voters are rejust yet. the president is in his own way taking advantage of the moment. he bounded off the plane today at his first stop wearing his leadership credentials on his sleeves literally. he
. in washington the final push of the campaign is on after the unplanned break caused by superstorm sandy. president obama and governor romney back on the campaign trail and rich edson is watching this. rich: intense campaigning for both candidates in highly contested states. president obama in wisconsin and nevada and colorado. mitt romney is campaigning throughout virginia criticizing the president for its latest economic plan, proposing a new cabinet position. secretary of business. >> came up with an idea last night which is to create the department of business. i don't think adding a new chair in his cabinet will help add millions of jobs on main street. rich: president obama says the position would streamline the federal government for businesses. in wisconsin the president is arguing his administration has made progress and a vote for governor romney is a vote for president george w. bush's policies. >> governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly. the very same policies we have been cleaning up a
"closing bell." stay with us. >>> cleanup costs. superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad. there'sing in small about this show today. that and more next. [ male anno] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. clorox just one of the many companies whe
and there is no power south of 34th street. the financial district the stock exchange did reopen today. superstorm sandy has crippled that system. there is catastrophic damage to underground tracks and equipment. the mta says it is too early to tell whether full service will return and be fixed. millions of commuters use the system every day. commuters relied on buses, cars and cabs if you were lucky enough to find them. there was gridlock as bad as we have ever seen. look at a live shot of columbus circle south of central park on the west side. central park still remained closed. it has been like this all day. one of the reasons is that crane is still dangling over 57th street and that is creating the massive traffic jam around the circle. jason joins me from the queensboro bridge. i talked to you earlier today and most people have given up trying to get a vehicle they were walking. >> oh, yeah, it has been a frustrating day for thousands of commuters making their way across the bridge. you can look through the traffic people still making their way at this hour even at 8:00. it is the only way for a lo
on today. it's been nearly four days since superstorm sandy slammed into the east coast and this morning in many areas, it is still a dire situation. the death toll from the storm has been raised to 92 people in the u.s. 3.5 million customers along the eastern seaboard are still without power this morning. and the economic losses are just staggering. an estimated $30 billion to $50 billion. right now rescue agencies are trying to get food and water to those in need. gasoline, in very short supply in parts of new york and new jersey. long, long lines. now a common sight at many gas stations in the region. people waiting two, three, four hours to get to the pumps. sometimes just to find there's no gas left and yes anger is starting to spill over. some gas station owners have been closing their businesses to let tempers cool down. they're calling in police for help. it's not a good situation. homeland security secretary janet napolitano and top fema officials will visit staten island today to get a look at the devastation there caused by hurricane sandy. yesterday police found the bodies of
campaign against back on track in the wake of superstorm sandy. headed into the final days, we'll look at the final arguments and 33 seats up for grabs in the senate and the power could hinge on a few key races and tell you which to watch. what they could mean for taxpayers, school kids and organized labor. welcome to the journal editorial report. i'm paul gigot. the presidential campaign kicked back into high gear late in week in the wake of hurricane sandy with president obama and mitt romney making their final pitches to swing state voters. >> governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly. the very same policies we've been cleaning up after for the past four years. >> attacking me does not create an agenda for him. we actually have a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is goin
closed due to superstorm sandy, soho, 14th street and grand central station. in asia, we were talking about in the last hour they're not selling those things as fast as they thought. aig swinging to a third quarter profit, beating forecasts after posting a nearly $4 billion net loss a year ago. the company saw improvements across all of its insurance businesses. the ceo telling maria bartiromo it's too early to estimate the financial impact of the storm. >> the coast guard opening the port of new york and new jersey on restricted basis allowing the backlog of barges containing relief supplies and oil. kelly, this week or next week, if i can get home today i can hold out 'til next week maybe. will it be okay? >> reporter: joe i think you'll see some incremental relief but you may still find yourself in a fuel line and i think it could be a week to two before we feel real wide seed relief. you can see the port of new york and new jersey behind me, sunrise coming up in a few minutes and it should see a little bit more action this morning, based on a coast guard lifting of the ban on boat
and the rain that was the initial storm. right now we are in the aftermath period of this superstorm, sandy. how do you feel in terms of dealing with the aftermath, describing those explosions, these ongoing worries. before we get to rebuilding, rescuing people, taking care of continuing damage right now. how would you assess the response and the coordination between the federal government, the state government, municipalities. how are we doing? >> i think we're doing very well. i mean, you heard the president, and i have to say that i think his response has been terrific, really. and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and they're working on i
>>> it's november 1st on "the cycle." it's been exactly 67 hours since superstorm sandy make landfall along the jersey shore. three days later, incredible signs of recovery. even more signs there's a long road ahead. >> i'm stove carneve kornacki. where is the money going to come from? >>> the storm has passed and both candidates are back on the trail. five days to go and the stakes couldn't be higher. >>> time toure. technology's come a long way since tim russert famously wrote florida, florida, florida. but what hasn't changed is the path to victory, making the sunshine state our state of the day. >> all that plus the image emblematic of what barack obama wanted from his presidency. it took four years and an act of god to get it. it's thursday and you're in "the cycle." >>> it's another day of slow progress as nearly two dozen states pick up the pieces from sandy. the death toll now stands at more than 80. also rising is the costs. now estimated at north of $60 billion. that's not hard to consider when you look at the incredible damage especially along the new jersey coastl
. we should note these results do not include the effects of superstorm sandy. joining me now to talk about that is aig president and ceo bob benmosche. we appreciate you joining us today. >> my pleasure, maria. >> so let's first talk about the earnings results. take us behind the numbers. how would you characterize business? >> i think it's another strong quarter for aig. we've had, you know, several in a row now. all of our businesses are profitable, all contributing strong to the earnings. so we're very pleased with the results, and the fact is as i've said before, the crisis is over. the company's fundamentally very strong. very strong liquidity position and capital position for the company. we're continuing to grow into the future. >> what's your expectation for the next quarter, bob? what will drive business? >> next quarter will be more of what you saw in this quarter. a continued -- we had some minor issues that were with brought up in this quarter where accounting areas were brought up from the past. i don't think those will reoccur. we're going to have to deal with the effec
and snow on the edges of superstorm sandy pass over the area. more than 200,000 in west virginia are in the cold and dark without power. early voting has been suspended in six west virginia counties. let's go once again to storm chaser reed timmer trapped in elkens. you were racing toward the scene last time. what's going on now? >> last time we talked we were heads into the storm, and we dieded we couldn't make both happen. we went after the blizzard, and this is one of the most interesting yet insane storms i've ever chased. it had the feel of a hurricane, but yet it was cold enough for snow. the snow was also really a very heavy, wet snow. all of trees are drooping down, and power lines are coming down everywhere, trees are snapping. it sounded like shotgun blasts going off. it was a weird night last night. >> i think a lot of people understand why it was an insane storms you've encountered but what makes it the most interesting? >> as a meteorologist it's a huge anomaly. a storm like this has never come together and regarded in u.s. history in the same way. the reason a lot o
, of course, still recovering from superstorm sandy, it left many with damaged homes no food, power, and much more. but transportation in cities throughout the northeast, a nightmare right now, and in the case of new york city subway system, of course, it is a nightmare as well. heavily damaged. and we all know how much new yorkers and tourts rely on that subway system just to get around. jason carol got a chilling tour of southbury station you're looking at right now. he is covering that story and here is his conversation with a chief infrastructure officer. >> the complex itself will require significant rehabilitation due to the damage from the storm. the infrasucture. thelectric syste, the fare collecsytion em the riding systems, the stairways, the ventilation systems, the elevators, escalators, they're all pretty much ruined from the water damage from the surge damage. just follow my same footsteps. believe it or not, these timbers washed in from the ocean or the bay. >> this did right here? this timber right here. >> absolutely. >> this washed in from -- >> washed in from the tidal surge
, see how much you could save. >>> let's get an update on the damage from the superstorm sandy. brian shactman joins us from montauk with more. >> reporter: it's a study of contrasts on montauk. to my left it is gorgeous when the sun peeks through and to the shore there's a hen-foot drop to my left and there was no ten-foot drop yesterday and there's an incredible amount of beach damage. you can see the whole beachfront is destroyed. that was a bar and grill that has never seen damage like that. it is absolutely gone and you walk all the way up the shoreline and you see the same thing. they do think on the north shore, believe it or not, there's more damage because of the storm surge onisland sound. i talked to bill wilkinson the town supervisor, a retired disney executive who decided to run east hampton and he said the local fishermen told him they have never in their whole lives seen as much water come in as came in yesterday, so it's a big contrast. we have a beautiful ocean, a destroyed coastline on the south shore. on the north shore they're trying to assess the water damage. the
back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we are positioned when the storm hit -- well, let me say my deepest sympathies for everybody out on the east coast who has to deal with this. especially, joe, ken langone who was sick in the hospital with pneumonia. >> oh, i didn't know that. >> but let's go with the stocks. we're at such critical junctures here. it's an amazing thing, when i was going through my work the last couple days, to see the convergence of 200 moving day averages. it's a mean reversion. so we are coming back to an interesting stop poin
bloomberg, citing superstorm sandy. the independent mayor wrote an op-ed for bloomberg.com saying he'll vote for the president because of his record on climate change. and it reads in part this. "the devastation that hurricane sandy brought to new york city and much of the northeast brought the stakes of tuesday's presidential election into sharp relief. one sees climate change as an urgent problem that threatens our planet. one does not. i want our president to place scientific evidence and risk management above electoral politics." again mayor bloomberg on the edge of issues that really affect this country that people don't take seriously and then they find out too late. an endorsement, of course, from mayor michael bloomberg for president obama. that's great, right? >> it is a fine endorsement. jon meacham, you're an historian. have you heard of an endorsement of a candidate that goes on to read this way? if the 1994 or 2003 version of mitt romney were running for president, i may well have voted for him. because like so many other independents, i have found the past four years to be, in
of hurricane sandy. the northeast absolutely devastated by the superstorm. we are learning because of the response to sandy and because of concerns to climate change, the mayor of new york city, mayor michael bloomberg is endorsing president obama. wolf blitzer, i want to go to you and ask. i interviewed the mayor a month or two ago and asked if he'd open up an endorsement. does this surprise you? >> he was on the sidelines four years ago. it is a surprise coming this late but he wrote this long article just now and i just been reading it, brooke and made the case given what happened in new york and new jersey and connecticut over the past few days, the results of this superstorm, the potential as he believes that global warming could have a potential impact, he thinks the issue is so important that there's a significant difference between president obama and mitt romney on this issue. he has now formally gone forward and explained why he thinks president obama should be re-elected. he doesn't like what he says is the flip flopping coming from mitt romney in the past. he writes he
and analysis from our market experts. and is sandy a case for big government? why some are using the superstorm to say big government really is better. we separate the fact from fiction of that argument. that's all ahead on this special edition of "the closing bell." customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> all right, getting back to breaking news on netflix, herb greenberg is on the story. >> netflix shares up about 17% right now, they've been flying and just the recent 10, 15, 20 minutes news hit carl icon taken a 9.9% stake in the company. icahn has been buying the shares since early september and he's identified netflix because he believes it's undervalued in its dominant position and international growth prospects and it may
shortage in the wake of sandy. the agency issuing a temporary blanket waiver of the jones act allowing foreign flags fuel tankers from the gulf of mexico to supply the northeast. the superstorm caused a shoutdown of two refineries in the region. >>> verizon reporting fourth quarter results will take a big hit because of sandy outages and remediation efforts. the said it is not possible at this time to estimate the impact but expects it to be pretty significant. >>> sources telling bloomberg, rockdale securities is looking for a capital injection following a massive trading error. executives at the brokerage telling employees and investors a trader made unauthorized purchase of apple which eroded the firm's capital. that is very latest from the fox fox business network, giving you the power to prosper lori: watching markets. quarter till. let's check the market with nicole petallides on the floor of the new york stock exchange. how will sandy hurt their bottom line? >> no surprise to hear companies will begin and i'm sure, lori and melissa, over the next 10, 12 days, reporting a lot of
. >> president obama there telling america what his priority is today. as the superstorm begins to impact the east coast with 90-mile-per-hour winds and heavy downpour, like it or not, sandy has an impact on this campaign already. president obama and governor romney have both canceled more than a dozen events in key swing states over the next several days. maryland and the nation's capital heavily democratic areas canceled early voting for today. a decision on tomorrow will be made depending on how bad this storm gets. some virginia counties have suspended in-person absentee voting, and the labor department announced the final jobs report before the election could be delayed. the october numbers are scheduled to come out friday. the bigger picture here, in a race this close we know turnout is key for both candidates. if folks don't have power and worried about their home, some worry getting to the pols won't be a top priority. who stands to gain the most from this tough situation? let's go to the table, and look, i've seen a bunch of stuff out today, the political science research which i
ahead. that's a little tease. the election day forecast coming up. we're getting rid of sandy the next couple of days. this superstorm still lingering over the top of buffalo. you've seen the pictures, heard the stories. the question now is where is it going to fall in history? the most extensive u.s. hurrica hurricanes estimated at $50 billion, billion, dollars. right around andrew and these numbers are taking into account inflation over the years from andrew in 1992. so this is one of the worst storms in our country's history as far as how much damage it has done. as far as the forecast, it is cold and chilly in the areas without power. we need that power on in a hurry. it's not going to warm up anytime soon as we head into november tomorrow. as far as the forecast today, a few showers out there especially northern new england. the rest of the holiday forecast does look quiet out there. the west coast does have some rain and showers we're dealing with. now i teased you with the election day forecast. this is kind of my first look ahead for it. as far as what we're dealing with, it lo
Search Results 0 to 36 of about 37 (some duplicates have been removed)